How do trade policies influence international relations? 🔊
Trade policies significantly influence international relations by shaping economic interdependence among nations. Favorable trade agreements can strengthen diplomatic ties and foster cooperation, while protectionist measures may lead to tension and conflict. Trade negotiations often reflect broader geopolitical interests, influencing how countries align with or oppose each other. Furthermore, the impact of trade policies on domestic economies can affect internal politics, as stakeholders respond to the benefits or drawbacks of globalization and the interconnected global market.
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